BUISENESS MANAGEMENT
RISK MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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using other channel members to store & distribute products
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purchasing insurance
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deciding to do nothing because a problem is unlikely to occur
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all of the above
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Detailed explanation-1: -Distribution channels include wholesalers, retailers, distributors, and the Internet. In a direct distribution channel, the manufacturer sells directly to the consumer.
Detailed explanation-2: -What Are The 4 Types Of Marketing Channels? Broadly, the four main types of marketing channels are paid, free, digital, and traditional channels. Several marketing channels, including social media, influencers, and paid ads, fall under these main marketing channels.
Detailed explanation-3: -Channel members, sometimes called intermediaries or middlemen, work together to complete the various tasks it takes to get a product from production through to sale. While a producer could decide to market and sell products directly to consumers, usually they use channel members to make the process more efficient.
Detailed explanation-4: -Distribution channels are important to businesses as they allow for the smooth delivery of goods or services to a customer. If a business does not source the best collection of businesses for this purpose, it can lead to unhappy customers and an inadequate provision of services.